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The CRE Humor Jokes

CAM Season: When Pro Forma Goes To Cry

Aug 18
1 min read

Expectation: 'NNN, super clean.' Reality: CAM recon shows snow removal... in Phoenix. 🧊 Broker: Base year grossed-up to 95%. Tenant: So why did the roof become my roommate? Lender: We underwrote $0.25/sf. Landlord: Surprise 'not capital' HVAC filter surcharge. Me re-running the model for the 7th time while accounting whispers 'true-up': DSCR left the group chat šŸ˜µā€šŸ’«

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